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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Cabinet approves draft Gas Bill for processing by Parliament

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Cabinet approved the submission of the draft Gas Bill 2025 to Parliament for further processing at its last scheduled meeting for 2025, which took place on December 5. Minister in The Presidency Khumbudzo Ntshavheni said the Bill sought to repeal the Gas Act of 2001 and introduce a modernised legislative framework that reflected recent technological developments in gas transportation and storage.

US House committee to take up Africa trade bill, but South Africa risks exclusion

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A US House committee will on Wednesday consider a three-year extension to Washington's flagship trade initiative for Africa which lapsed in September, but South Africa risks being excluded amid tensions between Pretoria and the Trump administration. Ties have deteriorated this year with a row over trade and as President Donald Trump has frequently criticised South Africa for its domestic laws addressing racial inequality.

DCT Pier 2 partnership with ICTSI to begin in Jan as 25-year deal is inked

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An agreement has been signed opening the way for the launch on January 1 of the much-delayed 25-year private sector participation (PSP) deal between International Container Terminal Services (ICTSI), of the Philippines, and Transnet at the Durban Container Terminal (DCT) Pier 2. The agreement was the subject of a long-running legal dispute launched by APM Terminals, which is part of the AP Moller-Maersk Group, following Transnet’s 2023 decision to select ICTSI as the preferred bidder for a partnership with Transnet Port Terminals at the country’s largest container terminal.

Merafong becomes third municipality to sign electricity distribution agreement with Eskom

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The Merafong City local municipality, in Gauteng, has become the third municipality in South Africa to sign a distribution agency agreement (DAA) with State-owned utility Eskom, marking a major structural intervention aimed at stabilising electricity distribution and improving revenue collection in the area. The agreement was formally concluded on December 8, during a signing ceremony at the Merafong Council Chambers attended by municipal manager Dumisani Mabuza, senior executives of Merafong City and senior Eskom leadership led by Gauteng Cluster Organisation GM Bandile Jack.
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